Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Total Assets : ₺1,542 Mil (As of Dec. 2023)

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What is Meka Betonntralleri Imalatnayi ve Ticaret AS Total Assets?

Meka Betonntralleri Imalatnayi ve Ticaret AS's Total Assets for the quarter that ended in Dec. 2023 was ₺1,542 Mil.

During the past 12 months, Meka Betonntralleri Imalatnayi ve Ticaret AS's average Total Assets Growth Rate was 13.40% per year. During the past 3 years, the average Total Assets Growth Rate was 90.60% per year.

During the past 4 years, Meka Betonntralleri Imalatnayi ve Ticaret AS's highest 3-Year average Total Assets Growth Rate was 90.60%. The lowest was 90.60%. And the median was 90.60%.

Total Assets is connected with ROA %. Meka Betonntralleri Imalatnayi ve Ticaret AS's annualized ROA % for the quarter that ended in Dec. 2023 was 17.21%. Total Assets is also linked to Revenue through Asset Turnover. Meka Betonntralleri Imalatnayi ve Ticaret AS's Asset Turnover for the quarter that ended in Dec. 2023 was 0.61.

Meka Betonntralleri Imalatnayi ve Ticaret AS Total Assets Historical Data

The historical data trend for Meka Betonntralleri Imalatnayi ve Ticaret AS's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meka Betonntralleri Imalatnayi ve Ticaret AS Total Assets Chart

Meka Betonntralleri Imalatnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

193.11

306.80

1,153.30

1,542.07

Meka Betonntralleri Imalatnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial			-	1,153.30	835.98	989.71	1,542.07

Meka Betonntralleri Imalatnayi ve Ticaret AS Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Meka Betonntralleri Imalatnayi ve Ticaret AS's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	854.254	+	687.815
	=	1,542

Meka Betonntralleri Imalatnayi ve Ticaret AS's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	854.254	+	687.815
	=	1,542

Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Total Assets Explanation

Total Assets is connected with ROA %.

Meka Betonntralleri Imalatnayi ve Ticaret AS's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	217.828	/	( (989.712	+	1542.069)	/ 2 )
	=	217.828	/	1265.8905
	=	17.21 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Meka Betonntralleri Imalatnayi ve Ticaret AS's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	770.013	/	( (989.712	+	1542.069)	/ 2 )
=	770.013	/	1265.8905
=	0.61

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Meka Betonntralleri Imalatnayi ve Ticaret AS Total Assets Related Terms

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Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Meka Beton Santralleri Imalat Sanayi ve Ticaret AS (IST:MEKAG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ismet Inonu Blv No. 12, Malikoy Baskent Osb, Ankara, TUR, 06909

Website

https://www.mekaglobal.com/tr

Meka Beton Santralleri Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.

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